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Coega port plans first ships in three years

01 Feb 2002 - by Staff reporter
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Ed Richardson
AFRICA'S NEWEST harbour, the Eastern Cape port of Ngqura, is expected to receive its first ships within the next three years.
The National Ports Authority (NPA) of SA has announced that the procurement process for the Port of Ngqura began on 25 January 2002 with the invitation of tenders for the construction of the maritime infrastructure for the first phase development of the port.
The first tenders should be awarded within three months, with the first ship expected in the Port of Ngqura 31 months after the award of the contract, according to the NPA.
Ngqura will serve the adjacent Coega Industrial Development Zone (IDZ), and will also become a major container hub. According to a study by Stellenbosch-based Maritime Education Research and Information Technology (MERIT), the new port will initially handle around 400 000 standard containers a year.
The Anglo-Dutch Consortium of P&O Nedlloyd and TCI Infrastructure (TCII) has signed an agreement with the Coega Development Corporation (CDC) which should lead to a concession agreement for the development and running of the container terminal.
Latest estimates on the cost of the port are R2,6-billion.

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